Business
Investors fail to offset fall in home loan commitments – The Australian Financial Review
The booming home loan market appears to have peaked after a year-long charge, falling 1.6 per cent in June.
Katherine Keenan, the head of finance and wealth at the Australian Bureau of Statistics, said the fall in construction lending followed a period of rapid growth in which commitments rose 150 per cent.
This strength continued to unwind after the reduction…
Continue Reading